When it comes to revenue, nonprofits need to think like auditors
July 25, 2018
![](https://rothcocpa.com/wp-content/uploads/2018/07/07_11_18_943963638_npb_560x292.jpg)
Auditors examining a not-for-profit’s financial statements spend considerable time on the revenue figures. They look at the accounting methods used to record revenues and perform a detailed income analysis. You can use the same techniques to increase your understanding of your organization’s revenue profile. (more…)
nonprofit - audit - revenue
Making the most of your nonprofit’s internal audit function
February 22, 2018
![](https://rothcocpa.com/wp-content/uploads/2018/02/helloquence-61189-unsplash.jpg)
The key role of a not-for-profit’s internal auditors was once limited largely to testing financial and compliance controls and reporting their findings to the organization’s leadership. But today, with their cross-departmental perspective, internal audit staff (whether employees or outside consultants) can help anticipate and mitigate a variety of risks, improve processes — and even help evaluate your nonprofit’s strategies. (more…)
nonprofit - audit - accounting